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Seriously?!?!
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Last post: May 13, 2024, 10:23:35 PM
Re: Seriously?!?! by Lokmar

avatar_Herman

Mark Carney

Started by Herman, January 07, 2025, 10:40:39 PM

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Herman


DKG

One bad tax is gone and you can stop another one.

The good news is that the digital services tax that was about to be slapped on everything from Netflix to Amazon to Uber has been scrapped.

The problem is that companies would have passed on those taxes to customers like YOU when you download your favourite show or order something you need on Amazon.

That tax would have cost Canadians billions and turned up the heat on trade disputes (even former president Joe Biden strongly opposed a DST).

But here's the thing: Carney has another doozey of a tax coming your way.

Carney campaigned on imposing a carbon tariff. The idea is simple. If another country doesn't impose policies like Carney's industrial carbon tax, he'll slap a carbon tax on its exports to Canada.

Think about what carbon tariffs would do. First, they would make the things you buy more expensive. Second, they would inflame trade disputes even more.